Markets

JC Penney is tumbling as guidance disappoints and cold weather weighs on sales

J CPenney reported disappointing first-quarter results ahead of Thursday’s opening bell. The company blamed cooler temperatures for its sales miss. Shares fell more than 14% in pre-market trading. Watch J.C. Penney trade in real-time here. JCPenney plunged more than 14% in pre-market trading Thursday after reporting first-quarter earnings and guidance […]
JC Penney is tumbling as guidance disappoints and cold weather weighs on sales